Foster The Love Louisiana Inc
- Assets
- $301.6k
- Revenue
- $213.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Broussard, LA
- Founding
- 10/2018
- Data as of
- 12/2022
- EIN
- 83-1129256
Organization Overview
Foster The Love Louisiana Inc is located in Broussard, LA. The organization was established in 2018. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2022, Foster The Love Louisiana Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster The Love Louisiana Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Foster The Love Louisiana Inc generated $213.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $129.5k during the year ending 12/2022. While expenses have increased by 7.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND SUPPORT FOSTER AND ADOPTIVE FAMILIES; TO EMPOWER AND SUPPORT CHILDREN, YOUTH AND FAMILIES AFFECTED BY TRAUMA; AND TO EDUCATE THE COMMUNITY ON THE NEEDS OF THE FOSTER SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY CLOSET: WE ACCEPT DONATIONS OF THE NEW AND GENTLY USED CLOTHES, SHOES AND BABY EQUIPMENT, AS WELL AS DONATIONS OF DIAPERS, WIPES AND UNOPENED FORMULA WHICH ARE DISTRIBUTED TO FOSTER FAMILIES IN SOUTH LOUISIANA. WE ASSIST IN FINDING BEDS AND DRESSERS FOR FOSTER FAMILIES WHO TAKE IN A CHILD AND FOR BIOLOGICAL FAMILIES WORKING TOWARD REUNIFICATION. WE ARE AVAILABLE DURING SCHEDULED TIME FOR SHOPPING, ACCEPTING DONATIONS AND VOLUNTEERING.
FIRST NIGHTS: CHILDREN OFTEN ENTER FOSTER CARE WITH FEW OR NO PERSONAL ITEMS AND MANY FOSTER PARENTS ARE GIVEN LIMITED TIME TO PREPARE FOR THE ARRIVAL OF A CHILD PLACED IN THEIR HOME. THE FIRST NIGHTS CAN BE HECTIC AND STRESSFUL FOR CHILDREN AND FOSTER FAMILIES. OUR INTENTION IS TO MAKE THIS TRANSITION EASIER FOR ALL. OUR FIRST NIGHTS PROGRAM IS DESIGNED TO HELP MEET THE BASIC NEEDS OF A CHILD DURING THEIR FIRST NIGHTS IN CARE AS WELL AS SUPPORT FOSTER FAMILIES WHEN ACCEPTING NEW PLACEMENTS. FIRST NIGHTS BAGS ARE REUSABLE, OVERNIGHT BAGS THAT ARE FILLED WITH CLOTHING AND HYGIENE ESSENTIALS AND ARE GIVEN TO CHILDREN AS THEY ENTER CAE.
TBRI: WE PROVIDE TRAINING OPPORUNITIES FOR THE FOSTER COMMUNITY, EQUIPPING THEM TO HELP CHILDREN THAT HAVE EXPERIENCED TRAUMA THROUGH THE TRUST-BASED RELATIONAL INTERVENTION PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Duhon Executive Di | OfficerTrustee | 40 | $36,667 |
Landry Carbo Treasurer | OfficerTrustee | 1 | $0 |
Gretchen Cormier Secretary | OfficerTrustee | 1 | $0 |
April Guillory Member | Trustee | 1 | $0 |
Julie Lafleur Member | Trustee | 1 | $0 |
John Monteleone Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,026 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,026 |
| Total Program Service Revenue | $11,652 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,379 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $213,157 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,432 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,099 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $2,137 |
| Office expenses | $11,607 |
| Information technology | $6,157 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,782 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $681 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,060 |
| All other expenses | -$7,885 |
| Total functional expenses | $129,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,111 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $320 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $126,816 |
| Prepaid expenses and deferred charges | $1,379 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $955 |
| Total assets | $301,581 |
| Accounts payable and accrued expenses | $2,963 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $107,385 |
| Total liabilities | $110,348 |
| Net assets without donor restrictions | $84,233 |
| Net assets with donor restrictions | $107,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $301,581 |